| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $23M | $15M | -21.5% | 19.6% |
| Op. Income | -$7M | -$888.0K | -$14M | -704.3% | 48.1% |
| Gross Margin | 58.3% | 64.8% | 58.9% | -6.5pp | -0.6pp |
| Net Margin | -41.2% | -5.9% | -77.6% | -35.2pp | 36.5pp |
| EPS (Diluted) | $-0.43 | $-0.08 | $-1.30 | -440.2% | 66.9% |
| Free Cash Flow | -$3M | -$19M | -$7M | 82.7% | 55.6% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $11M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$7M |
| Interest Income | $4.0K |
| Interest Expense | $454.0K |
| Other Income/Expenses | -$450.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$64.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $1M |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $774.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $262.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $111.0K |
| NET CASH FROM FINANCING | $111.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $29M |
| Inventory | $16M |
| Other Current Assets | $1 |
| TOTAL CURRENT ASSETS | $84M |
| PP&E (Net) | $45.0K |
| Goodwill | $0 |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $110.0K |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $113M |
| Account Payables | $33M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $19M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $79M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $113M |
| Total Debt | $21M |
| Net Debt | -$17M |
